RHB Research maintained its "buy" call on Malaysian Resources Corp Bhd (MRCB) with a 55 sen target price (TP), on the premise of the timely delivery of the Light Rail Transit (LRT3) project.

The Federal Court has granted permission to the Petaling Jaya City Council (MBPJ) to have the merits of its appeal be heard over the success of a residents' association (RA) in the Court of Appeal, which decided that non-paying members in a residential area can remove the boom gates to the entrance there themselves without the security guards' assistance.

Tropicana Corp Bhd is seeking to strike out the claim filed by RHB Trustees Bhd, Sunway REIT Management Sdn Bhd and Sunway Education Group Sdn Bhd over its alleged breach of agreement and double-dealing over the sale of shares and a stake in St Joseph International School.

Malaysian coworking and flexible space provider WORQ is targeting to achieve a total RM40 million in its fourth fundraising round and announced that it has completed its latest round pre-Series B fundraising backed by 14 follow-on investors including global asset management firm PhillipCapital — its third consecutive investment into WORQ and its largest placement to date — and the Leong family of Mah Sing Group Bhd.

APB Resources Bhd has proposed to acquire a 16-storey Serba Dinamik building in Shah Alam, Selangor for RM38 million, subject to the approval from the High Court. 

Noteworthy:

• Freehold
• Built up size: 1,662 sq ft
• Land size: 1,664 sq ft
• Unfurnished
• Nearby amenities:  Department stores, hypermarkets, hospitals, AEON Mall, Amerin Mall, The Mines Shopping Mall, MRT Bandar Tun Hussein Onn
• Accessibility: Cheras-Kajang Expressway, Silk Highway

When: April 2023

It was 71-year-old Mat Zin Husin’s lucky day when he was chosen in the e-Peraduan campaign as the winner of a single-storey terrace house in Amansara North, Setia Fontaines here.

It might be fake money you are using in the famous board property game of Monopoly but the top winner of the inaugural PropNex Monopoly Championship got to walk away with RM28,888 of real cash plus a VanillaCrepe franchise worth RM130,000.

Bina Puri Holdings Bhd announced that its wholly owned subsidiary Bina Puri Sdn Bhd (BPSB) has been served with a winding-up petition from the lawyers of Thai Soon Hang (Sabah) Sdn Bhd at the High Court of Sabah and Sarawak, due to a default payment amounting to RM198,116.60.

LKL International Bhd, whose share price has halved since the start of the year, is selling a parcel of land in Serdang, Selangor for RM6.65 million, its Bursa Malaysia filing showed.